B S I INTERNATIONAL LIMITED
🚨Distressedactive
01560283 · ltd · incorporated 1981-05-08
Investment thesis
Distressed but structurally messy — likely a value trap without major surgery.
Why interesting: Headline may look cheap; sector may be recovering.
Why risky: Critical deal-killers in ownership or security; closing cost and post-deal clean-up likely to dominate.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2025
Net worth
£-281.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: SIC 46170
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 71/100 (strong), bankability 52/100. Strong seller-intent signal (73/100, director aged 74). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (85/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 41.7y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 41.7 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £281,885
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£282k
↑ 20% YoY
Current Assets
£35k
↑ 3607% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £31.7k | £-11.6k |
| Current assets | £35.3k | £953 |
| Net assets | £-281.9k | £-354.3k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
6
filings
- • 3 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-03-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2026-03-09📄change-person-director-company-with-change-dateofficers · CH01
- 2026-02-05➖SAIGAL, Iqbal Ahmed, Mr. resigneddirector
- 2026-02-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-02-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-08-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-08-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-03-12➕SAIGAL, Zartashia Sehrish appointeddirector
- 2017-10-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-01-13🔓Charge satisfied #4
- 2014-06-30🔓Charge satisfied #5
- 2008-07-11🔒Charge registered #5Lender: Barclays Bank PLC
- 2006-01-06🔓Charge satisfied #3
- 2005-11-09🔒Charge registered #4Lender: Barclays Bank PLC
- 2001-06-21➕SAIGAL, Bilal Iqbal appointeddirector
- 2001-06-12🔓Charge satisfied #2
- 2001-06-12🔓Charge satisfied #1
- 1990-09-11🔒Charge registered #3Lender: Bank of Baroda
- 1989-01-05🔒Charge registered #2Lender: Lloyds Bank PLC
- 1984-10-05🔒Charge registered #1Lender: Norwich General Trust Limited
- 1981-05-08🏢Company incorporatedAs B S I INTERNATIONAL LIMITED
Owner dependency
83/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 45 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
2 med ·Has insolvency history
mediumCompanies House flags prior insolvency events. Review the insolvency filings for context.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bilal Iqbal Saigal Individual · British · DOB 10/1981 · age 45 | 50–75% | 50–75% | board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence · trust interest · firm interest | 11/10/2025 |
1 historic (ceased) PSC
- Mr. Iqbal Ahmed Saigalceased 10/10/2025· significant influence · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Wholesale & distribution · MK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BASTINRA LTD→ 10382701 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLOCKHAUS RETAIL LTD→ 12777969 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BLOOMLINE DISTRIBUTION LIMITED→ 16763888 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BOXMAKER.PRO LTD→ 15999912 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BREAD & OLIVE LTD→ 16075107 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BREW EMPIRE LIMITED→ 16244762 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRIDGEWAY NUTRITION LTD→ 16993794 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRISCA LIMITED→ 15194468 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BRITHOME FURNITURE SUPPLY LTD→ 17100248 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BRITSGO LTD→ 15570091 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BROMOCO INTERNATIONAL LTD→ 09399815 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| BROOK FARM AGGREGATES LIMITED→ 11834128 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →🔒Advanced scoring suite
Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Statusactive
Typeltd
Incorporated1981-05-08
Jurisdictionengland-wales
Primary SIC46170 — SIC 46170
Registered office
5 East Dales Heelands Milton Keynes 5 East Dales
Heelands
Milton Keynes
MK13 7PH
England
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-02-14
Last: 2026-01-31
Officers (4 active · 1 resigned)
Active
SAIGAL, Bilal Iqbal→
Activedirector · ~45y · appointed 2001-06-21
View their other companies + combined net worth →
Active
SAIGAL, Zartashia Sehrish→
Activedirector · ~40y · appointed 2018-03-12
View their other companies + combined net worth →
SAIGAL, Iqbal Ahmed, Mr.→
Resigneddirector · ~79y · resigned 2026-02-05
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 11/07/2008 | 30/06/2014 | |
| satisfied | Barclays Barclays Bank PLC | Deed of charge over credit balances | 1 property | 09/11/2005 | 13/01/2016 | |
| satisfied | Bank of Baroda | Debenture | 1 property | 11/09/1990 | 06/01/2006 | |
| satisfied | Lloyds Banking Group Lloyds Bank PLC | Single debenture | 1 property | 05/01/1989 | 12/06/2001 | |
| satisfied | Norwich General Trust Norwich General Trust Limited | Legal charge | 2 properties | 05/10/1984 | 12/06/2001 |
Recent filings (121 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-10
change-person-secretary-company-with-change-date
officers · CH03
2026-03-09
change-person-director-company-with-change-date
officers · CH01
2026-03-09
termination-director-company-with-name-termination-date
officers · TM01
2026-02-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-10